Insider Buying: APEX Tech Acquisition (NYSE:TRAD) CEO Purchases 3,029 Shares of Stock

APEX Tech Acquisition Inc. (NYSE:TRAD) CEO Shaoren Liu purchased 3,029 shares of the stock in a transaction on Wednesday, April 15th. The stock was acquired at an average price of $10.00 per share, with a total value of $30,290.00. Following the completion of the acquisition, the chief executive officer directly owned 3,087,000 shares of the company’s stock, valued at approximately $30,870,000. This represents a 0.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

APEX Tech Acquisition Price Performance

Shares of NYSE TRAD traded down $0.03 during mid-day trading on Thursday, reaching $10.11. 27,157 shares of the company’s stock were exchanged, compared to its average volume of 44,156. APEX Tech Acquisition Inc. has a twelve month low of $9.85 and a twelve month high of $10.13. The firm’s fifty day moving average is $10.06.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of APEX Tech Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

APEX Tech Acquisition Company Profile

APEX Tech Acquisition Inc is a blank check company.